Osisko Mining Inc. Announces Six-Month Extension of Warrants Issued on June 23, 2020

TORONTO, Dec. 13, 2021 (GLOBE NEWSWIRE) — Osisko Mining Inc. (TSX:OSK) (the “Corporation“) is pleased to announce that it has received conditional approval of the Toronto Stock Exchange to extend the expiry date of the common share purchase warrants of the Corporation (the “Warrants“) originally issued pursuant to a private placement of units of the Corporation, which closed on June 23, 2020 (the “Offering“). The Warrants are exercisable for common shares of the Company (“Common Shares“) at a price of $5.25 per Common Share and are set to expire on December 23, 2021. The Company has extended the expiry date of such Warrants by an additional six months to June 23, 2022, with such extension being effective on December 29, 2021 (the “Effective Date“). All other terms of the Warrants, including the exercise price, will remain the same. No exercises of the Warrants will be accepted by the Corporation from the date hereof until the Effective Date. Under the Offering 24,250,000 Warrants were issued, but the extension applies only to 22,099,400 Warrants, as the extension does not apply to 2,150,600 Warrants issued to insiders of the Corporation. Read More